December 28th – the Money Morning website estimated 2017 silver prices rose, the main reason is the four major reasons are based on higher inflation, India strong demand, strong demand for industrial producers to reduce the price of silver fell on the hedge.
In addition to above reasons bullish silver prices, market experts believe that gold and silver prices are often linked to the same, but compared with gold, silver is still in the oversold zone, in the long run, there is a greater upside rebound.
In addition, the market’s expectations for global economic growth, but also help to support such industrial metals such as silver.

India gold jewelry Association Secretary General Surendra Mehta said earlier in India rural areas affected by drought, so that silver purchasing power greatly reduced, but plenty of rain this year, once the market cash flow increases, can be expected to increase the demand for silver in rural areas of India.

Mehta even optimistic estimates, silver prices rose 16% this year, next year will rise 15-20%.